Chaucer directors quit on failure of Brit offer
The collapse of Brit’s possible offer for Chaucer has resulted in radical changes to Chaucer’s board. Chief executive officer, Ewen Gilmour, is retiring this year and the firm’s chief underwriting...
View ArticlePamplona increases Chaucer stake
London-based Pamplona Capital Management has upped its stake in insurer Chaucer Holdings, adding 34.4 million shares to the 54.8 million shares it acquired earlier this week. The acquisition, subject...
View ArticleChaucer extends Teceris fraud detection contract
Chaucer Insurance has awarded a three-year contract extension to Teceris, the claims services firm. The move means Chaucer will continue to use Teceris’ claims screening service, which is based on a...
View ArticleChaucer streaks ahead 40% on premium income
Specialist motor insurer, Chaucer, has reported a stunning first half with premium income up an annual 38.2%, to £491 million, and pre-tax profit soaring 300% to £17.0 million. Profit before tax and...
View ArticleChaucer opens Latin American office
Chaucer has expanded in Latin America with the opening of a new office in Buenos Aires. The move will allow the Lloyd’s insurer to access facultative property and related risks in the region, on behalf...
View ArticleChaucer reshapes into Foundation, Flex and Flagship
Chaucer has reported on a strategic review that will result in the business reshaping into three elements as follows: Foundation, Flex and Flagship. Foundation refers to Chaucer’s 27 specialist London...
View ArticleChaucer launches International Liability Division
Chaucer’s new international liability division is open for business. Mark Lawrence has joined Chaucer Syndicate 1084 to head up the unit, having moved from Argo International, where he was joint active...
View ArticleChaucer & partners launch Russia’s first Lloyd’s coverholder
Chaucer has announced a new partnership with Nakhodka Re in Moscow and RFIB Ltd in London, to launch SeaLine, the first Lloyd’s coverholder in Russia. SeaLine, which received Lloyd’s coverholder...
View ArticleChaucer leads new Marsh charterer’s product
Chaucer Syndicates has announced leadership of a new charterer’s default insurance product offered by Marsh, which includes specialist wordings developed by both parties. In the event of a financial...
View ArticleChaucer appoints business development team
Chaucer has set up a business development management team at its global energy practice, headed by newly appointed divisional underwriting manager, Gary March. Mr March has over 25 years of...
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